58, STEAD LANE, BEDLINGTON, NE22 5QY - £124,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

58 STEAD LANE is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £124,950 in December 2014, which was around 47% below the average December 2014 detached price in the Northumberland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

58 STEAD LANE Sold Prices

Land registry data shows two sales for 58 STEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. Both of the two 58 STEAD LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 19 DEC	£124,950	£235,538	47% below HPI
2003 23 APR	£85,000	£149,980	43% below HPI

58 STEAD LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The two 58 STEAD LANE sales from April 2003 and December 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2014 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 58 STEAD LANE?

58 STEAD LANE is 94m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Bedlington, based on EPC data. The below chart shows the distribution of detached houses by size in Bedlington, and where 58 STEAD LANE lies on this distribution: 25% of detached houses are smaller than 58 STEAD LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bedlington.

58 STEAD LANE: Plot and Title Map

58 STEAD LANE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 58 STEAD LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 58 STEAD LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 58 STEAD LANE?

58 STEAD LANE is located in BEDLINGTON, in the NE22 postcode district. The below map shows the position of No. 58 on STEAD LANE.